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NEW DEAN BEGINS WORK AT THE ROTMAN SCHOOL |
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Roger Martin, the new dean of the Rotman School, officially began his seven-year term as dean on Aug. 31. During his first month on the job, Martin kept a busy schedule meeting with members of the Rotman School community including staff, faculty and students. Martin also participated in the MBA Orientation and strategy game and spoke at the 21st Annual FACS Day hosted by the Commerce Students' Association.
Martin's goal for the Rotman School, which he stated in an article in the Sept. 14 issue of Maclean's, is to turn it into one of the top ten business schools in the world. "Canada has a huge competitiveness challenge. Investing in knowledge assets is critical and you can't outsource that to another country. We need to mobilize a lot of resources to get the great Canadians back," said Martin.
Copies of the Maclean's article are available from Ken McGuffin at 946-3818.
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FULL-TIME MBA PROGRAM SELECTS THE BEST OF THE BUNCH |
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A high number of applications to the full-time MBA program has resulted in one of the strongest MBA classes in the history of the Rotman School. There were just under 1,000 applications for the 120 to 130 spaces available in the MBA class of 2000. As a result the Rotman MBA is one of the most selective programs in Canada, which is reflected in the statistics for the incoming class. The average GMAT score of the incoming class is 658, which is significantly higher than in previous years. The average work experience of the students also increased slightly to 4.4 years.
The number of applicants, who accepted the Rotman School's offer of a place in the program, also increased by 20%. This was a significant increase over the historical average. This meant the class filled earlier than usual when combined with the record number of early applicants. As a result, a number of applicants have been accepted into the program for Sept. 1999.
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NOBEL LAUREATE TO SPEAK AT GREAT MINDS LECTURE |
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Douglass C. North, the co-winner of the 1993 Nobel Prize in Economic Science, will deliver the second lecture in the Rotman School's Great Minds for Great Business Lecture Series. The lecture, open to all faculty, staff and students, will be held in the Fleck Atrium on Thursday, Oct. 22 at 4:30 pm. North is the Spencer T. Olin Professor in Arts and Sciences at Washington University in St. Louis. He was awarded the Nobel Prize for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change.
The lecture will be followed by the Great Minds for Great Business Symposium on Oct. 23. Participants in the day-long event include: Robert Z. Lawrence, Albert L. Williams Chair of International Trade and Investment, John F. Kennedy School of Government, Harvard University; William White, economic advisor and head, Monetary and Economic Department, Bank for International Settlements and John Cassaday, president and CEO, Shaw Media and executive vice-president, Shaw Communication Inc. The lecture and symposium celebrates the launching of the Institute for International Business, which was formed by the merger of three international business and economics research centres at the Rotman School.
Please call 978-0240 to confirm your attendance at the Great Minds Lecture. For more information regarding the symposium, please contact Vivian Choy at 971-2982.
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RICHARD KUROVSKY LEAVES ROTMAN SCHOOL |
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Richard Kurovsky, assistant dean, marketing and communications, has left the Rotman School to accept a position at the Haas School of Business at Berkeley. Kurovsky made an enormous contribution to the Rotman School during his time here. His marketing and media expertise contributed greatly to the improved positioning of the Rotman School in Canada and internationally.
Roger Martin, dean, reports that the School is in active search mode to find a replacement. A search committee will be formed and a search firm has been hired to assist.
"We will continue to move in the direction of a centralized but highly service-driven marketing and communications function," says Martin. "It is essential that the Rotman School of Management brand is managed efficiently and effectively to ensure our long-term prosperity and advantage."
Until a replacement is hired, Mary-Ellen Yeomans will serve in an interim capacity as acting assistant dean, marketing and communications. Ken McGuffin remains in place as public relations officer.
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ROTMAN WORDMARK TO BE INTRODUCED DURING FALL TERM |
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During the summer a new graphic identity for the Rotman School was created. Over the fall term, the new "wordmark" will be introduced and a new look given to all of the publications, stationary and signage at the School. The Rotman School is working closely with Bruce Mau Design to ensure this process proceeds as quickly and smoothly as possible. Initial orders of stationary for staff and faculty have been placed. Calendars and application packages for the MBA, MMPA and EMBA programs are currently in production. Look for wordmark updates in future issues of the Rotman Reader.
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NORTHERN FINANCE ASSOCIATION MEETS AT ROTMAN SCHOOL |
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The Northern Finance Association held its 1998 meeting at the Rotman School during the weekend of Sept. 25 to 27. The keynote speaker was Professor Robert Stambaugh of the Wharton School who discussed his research on asset pricing models. Topics presented during the conference included: International Finance and Exchange Rate Behaviour, Toronto Stock Exchange Studies and Corporate Finance.
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NEW VOLUME IN HONGKONG BANK OF CANADA PAPERS RELEASED |
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The fourth annual Hongkong Bank of Canada Forum on East Asia will be held at the Rotman School on Oct. 16 at the Rotman School. The focus of the forum is a timely one in light of the region's financial and economic crisis. Jan Lee, chief economist, The Hongkong & Shanghai Banking Corporation Limited, will present an up-to-the minute view of the Asian economic situation and draw some implications for future business prospects, during his keynote address.
The forum also marks the release of the fourth volume in the Hongkong Bank of Canada Papers series. Entitled, Fiscal Frameworks and Financial Systems in East Asia: How Much Do They Matter?, it evaluates and compares the tax frameworks and financial systems in the key Asian economies. The forum is being presented by the Institute for International Business in partnership with the Executive Development Programs of the Rotman School, the Asian Business Consortium and the University of Toronto Press.
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EXECUTIVE DEVELOPMENT PROGRAMS HAPPENINGS |
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Fall term activities in Executive Development Programs include the 11th year of the Advanced Program in Human Resource Management. The first class begins Oct. 4 and a second offering has been added starting Nov. 15. The new Advanced Program in Managing Strategic Change class begins Nov. 15, following a banner first offering last year in which two courses were filled to capacity.
The University of Toronto / McGill Alliance in Executive Education enters its second academic year, with program starting in September. Courses at the Rotman School include Corporate Finance and Capital Markets, Project Management and Merger & Acquisition Valuation.
Students from the Business School of Sao Paulo's Executive MBA program arrived at the Rotman School on Sept. 20 for a two-week intensive course entitled "Managing in the Global Economy," offered by Executive Development Programs. Over forty students participate in each of four offerings of the course, which forms part of the international component of the Sao Paulo EMBA course.
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MBA COMMUNITY SERVICE CLUB REQUIRES YOUR HELP |
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The MBA Community Service Club is active again this year, and judging by the interest shown by the MBA Class of 2000, the spirit of voluntarism is strong at the Rotman School. The first event that the Club is sponsoring is the Canadian Breast Cancer Foundation's CIBC Run for the Cure on Sunday, Oct. 4. In addition to having teams running and walking the 5 and 1 Km tracks, Rotman MBAs are also responsible for "The Money Room," counting the cash on the day of the event. The Club could always use more volunteers, so if you'd like to do the run or come along and help count cash on that Sunday morning, call Aran at 599-9987 or e-mail: Aran_Hamilton@embanet.com.
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FACULTY NEWS |
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At a ceremony in Tokyo on June 12, attended by 500 business and academic leaders, Wendy Dobson and co-editor Chia Siow Yue, received the 1998 Ohira Prize for the best book published in 1997 on the Asian economies. Dobson, professor and director of the Centre for International Business, received the award for Multinationals and East Asian Integration. The prize is given in the name of one of Japan's most outward looking prime ministers who died in office in 1980. Past recipients of the award have included Jeffrey Frankel, Hugh Patrick and the MIT Commission on Productivity, among others.
Associates of the International Centre for Tax Studies have been very active in providing advice on fiscal reform throughout the world. Richard Bird, professor of economics, recently visited Vietnam for the World Bank and Jack Mintz, Arthur Anderson Professor of Taxation, traveled to Bulgaria for the World Bank and International Finance Corporation. Duanjie Chen, associate director, has provided analysis on Uganda for the World Bank and has assisted with corporate tax reform in Bulgaria.
Professor Mintz continues to speak about the report by the Technical Committee on Business Taxation. On Sept. 9, he spoke to a group of CEOs in Calgary during a meeting organized by the C.D. Howe Institute and on Sept. 10 he was the luncheon speaker at the Canadian Tax Foundation's Ontario Tax Management. Prof. Mintz was appointed by the federal Minister of Finance, Paul Martin, to chair the committee, which released its report earlier this year.
During the summer, Becky Reuber, associate professor of strategic management, was involved in founding the Women in Export Research Group, which will conduct the Businesswomen in Trade research project. The project's external advisory board was established by the federal Minister of International Trade, Sergio Marchi, following the Canadian Businesswomen's International Trade Mission to Washington in Nov. 1997. The purpose of the research is to collect and analyze information on women-owned Canadian firms that are active exporters or are export-ready, as a basis for policy discussion at the join Canada-U.S. Trade Summit to be held in Toronto in May 1999.
Prof. Reuber also spent July teaching in the Entrepreneurship Program at the University of Victoria in Victoria, B.C.
Martin Evans, professor of organizational behaviour, attended the recent conference of the American Psychological Association in San Francisco. He chaired a session on Collective Efficacy that showcased the work of Leisa Sargent, a doctoral student in OB/HRM, Gerhard Sejits and Christina Sue-Chan, recent doctoral graduates from the program, Gary Latham, Secretary of State Professor of Organizational Effectiveness, and Glen Whyte, professor of organizational behaviour.
Prof. Latham also gave two keynote addresses in Quebec City to the International Union Forestry Research Organizations on "Managing the Human Resource: The Challenge of Change" and "Evaluating Short and Long Term Research." He has also been recently appointed to the Board of Directors of the Union of Ontario Indians.
An article by Richard Leblanc, part-time instructor, "The Best Interests of the Corporation Provision in Section 122 (1) (a) of the CBCA: Should Canada Adopt a Stakeholder Amendment?", has been accepted for publication in the Canadian Business Law Journal in 1999.
Part-time instructor Robert Herber is currently a retail consultant for Vinopolis, the world's first adult visitor attraction dedicated to the world of wine. Vinopolis, located on the south side of the River Thames in London, England, is scheduled to open in May 1999. It will feature an interactive, high-tech introduction to the world of wine, a tasting hall, retail outlets selling food and wine, and four restaurants.
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NEWSMAKERS |
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Eric Kirzner, adjunct professor of finance and director, Executive MBA program, has been busy commenting on the recent turmoil in the world's stock markets. Kirzner has been quoted in a variety of print media including Maclean's, The Financial Post and The Toronto Star.
Prof. Reuber was quoted in an article on how and why small firms break into U.S. markets, in the June 25 issue of The Financial Post.
Anil Verma, professor of industrial relations, appeared on CBC television news on Sept. 5, commenting on the strike by the pilot's union at Air Canada.
Richard Leblanc, part-time instructor, was quoted in the Globe and Mail on August 11 in the Report on Business in a case-study feature on management and work place issues.
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STAFF CHANGES |
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Karen Theriault is the new director of the Career Management Centre. Her most recent positions have included executive director of Mentortech Corporation and director, business development at Trenval Development Corporation. Theriault is a graduate of Queen's University and also holds an MBA from York University.
Lee Benson, MBA'97, has joined the Clarkson Centre for Business Ethics as manager and research analyst.
Laurie Collins has joined the Rotman School's Executive Development Programs as client services coordinator. A graduate of both U of T and Seneca College's post-diploma program in human resources, she previously was in the customer support department of ITP Nelson Publishing.
Julie Dossett has joined the Rotman School as manager, marketing and communications, for both the Executive MBA program and Executive Development Program. She brings public relations and marketing experience to the Rotman team, from her post as senior executive at Arts & Communications.
Corinne Bassett has recently joined the Rotman School as events coordinator. She comes to the Rotman School after seven years marketing and events management experience with public utilities. She has also worked with IBM and as a private consultant after graduating with her MBA from York University.
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